FELO
ActiveFELO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227k and a net result of €4k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 95% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 19.54 against 13.39 in 2024), and 0.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.3%
Return on assets
1.5%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-03-2025 was due by 30-10-2025 and was filed on 29-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
7 d late
2022
3 d early
2021
2 d early
2020
25 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-03-2026 and is due by 30-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-03-2026 close12-09-2026 today30-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€227k▲ 1.6%
2024 · €224k
2019: €206k
2020: €209k
2021: €213k
2022: €216k
2023: €220k
2024: €224k
2019 → 2025
Total assets
€229k▲ 1.3%
2024 · €226k
2019: €209k
2020: €212k
2021: €215k
2022: €220k
2023: €224k
2024: €226k
2019 → 2025
Net result
€4k▼ 0.1%
2024 · €4k
2019: €3k
2020: €3k
2021: €4k
2022: €3k
2023: €4k
2024: €4k
2019 → 2025
Working capital
€30k▲ 13.2%
2024 · €27k
2019: €9k
2020: €12k
2021: €16k
2022: €20k
2023: €23k
2024: €27k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€213k-€216k▲ 1.6%€220k▲ 1.7%€224k▲ 1.6%€227k▲ 1.6%
Operating result€5k-€5k▼ 8.6%€5k▲ 7.7%€5k▼ 1.8%€5k▲ 0.6%
Net result€4k-€3k▼ 8.3%€4k▲ 7.4%€4k▼ 1.7%€4k▼ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229k
Fixed assets
€197k=
Current assets
€32k▲ 10.3%
Equity and liabilities €229k
Equity
€227k▲ 1.6%
Debt
€2k▼ 24.4%
The debt ratio falls from 1.0% to 0.7%: equity grows while debt is paid down.
Key figures and ratios
Solvency
99.3%▲
2024 · 99.0%
Current ratio
19.54▲
2024 · 13.39
Quick ratio
19.54▲
2024 · 13.39
Debt / equity
0.01▼
2024 · 0.01
ROE
1.6%▼
2024 · 1.6%
ROA
1.5%▼
2024 · 1.6%
Debt
€2k▼
2024 · €2k
Debt ≤ 1 year
€2k▼
2024 · €2k
Income taxes
€1k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€226k€229k▲
Fixed assets21/28€197k€197k=
Financial fixed assets28€197k€197k=
Current assets29/58€29k€32k▲
Amounts receivable within one year40/41€18k€19k▲
Trade receivables40€102€605▲
Other amounts receivable41€18k€18k▲
Cash at bank and in hand54/58€11k€13k▲
Equity and liabilities
Total equity and liabilities10/49€226k€229k▲
Equity10/15€224k€227k▲
Contributions10/11€116k€116k=
Capital10€116k€116k=
Issued capital100€116k€116k=
Reserves13€108k€111k▲
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€96k€100k▲
Amounts payable17/49€2k€2k▼
Amounts payable within one year42/48€2k€2k▼
Trade debts44€84€0▼
Suppliers440/4€84€0▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€479€0▼
Income statement
Code20242025
Other operating charges640/8€493€517▲
Gross operating margin9900€5k€5k▲
Operating profit (loss)9901€5k€5k▲
Financial charges65/66B€31€30▼
Recurring financial charges65€31€30▼
Profit (loss) for the period before taxes9903€5k€5k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€4k€4k▼
Profit (loss) for the period to be appropriated9905€4k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€4k▼
Transfer to equity691/2€4k€4k▼
To other reserves6921€4k€4k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-03
Financial
Liquidity doublescurrent ratio 13.39
Current ratio from 6.57 to 13.39; short-term debt falls from €4k to €2k.
2023
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-03
Financial
Highest result since 2019net €4k ▲13.8%
Operating result €5k, net result €4k, both a record.
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kalmthout · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Galgenheiken(C) 82920 KalmthoutGround area
3,776 m²
Building footprint
1,691 m²
Volume, LiDAR
1 m³
Parcel 11662E0517/00A002, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Galgenheiken(C) 8, 2920 Kalmthout
since 20032.123.190.834
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0517/00A002 | Flanders | 3,776 m² | 1 · 1,691 m² | 0.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
COURTOIS RENAUD - CONSEILS ET SOLUTIONS FINANCIERES
BE 0567.887.587
Tournai · Eq €227k
DEVELOPPEMENT INTERNATIONAL EN TECHNOLOGIES ET IMMOBILIER
BE 0430.496.193
Hamoir · Eq €227k
FINVEX
BE 0823.188.718
Brussel · Eq €227k
ERST
BE 0754.908.636
Gerpinnes · Eq €227k
INTRABIZ
BE 0843.345.615
Hamme (Vl.) · Eq €227k
Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 39,198 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-11-2002
Fiscal year end30-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.